Net Worth: $1.61 Billion
- Source of Wealth Dolce & Gabbana
- Birth Place Milan, Italy
- Marital Status Single
- Full Name Stefano Gabbana
- Nationality Italy
- Date of Birth November 14, 1962
- Occupation Co-Founder of Dolce & Gabbana
- Education Istituto Superiore di Industrie Artistiche
About Stefano Gabbana
Stefano Gabbana is an Italian fashion designer and co-founder of Dolce & Gabba who has an estimated net worth of $1.61 billion as of March 2015 according to Forbes. As of March 2013, he was included in the Forbes List for the first time. He is the eleventh richest person in Italy and the 736th in the list of World Billionaires.
Mr. Gabbana was born on November 14, 1962 in Milan, Italy. Originally, he intended to pursue a career in graphic design. However, he started working for an atelier in 1980 where he met Domenico Dolce. Together, they started a fashion company in 1982. By 1985, they presented their first women’s line. They were very successful with their designs and they have a long way to go. They are a favorite of the Hollywood elite. The design partners have also designed clothes for Romeo+ Juliet by Baz Luhrmann as well as several music productions such as the tours by Madonna, Missy Elliot and Beyonce.
In 1989, Domenico and Stefano opened their first boutique in Asia. By 1991, they launched their first men’s collection. Since then, the fashion line became a mainstay on the catwalk and party scene. They also have been wracking up awards during the 90’s which included the Wollmark Award in 1991. The fashion house also won the Best Feminine Fragrance award by the Perfume Academy in 1993.
Despite having only a revenue below $1.5 billion in 2011, the fashion duo’s fortune have propelled to a billionaire’s status this year as their brand continues to grow. The fashion house has launched its couture line in 2012. However, the two have been in and out of the court lately due to a charge by the Italian government with allegedly evading millions in corporate taxes after they moved their assets to Luxembourg. And the trial is still ongoing.